Genel Energy plc has exploration and production operations in the Kurdistan region of Iraq. The company owns rights in numerous production sharing contracts including in the Taq Taq, Tawke and Chia Surkh fields. At the beginning of 2012 Genel announced plans to boost production from 60,000 bpd to 100,000 bpd from the Tawke field. Genel also took a 23% stake in Bina Bawi, a field which lies next to Genel’s core Kurdish asset Taq Taq, by purchasing A&T Petroleum Company, for $175 million, but even more recently, the company expanded into the Malta and Morocco, spending $2.2 billion to diversify into offshore activities.
Oil & Gas Middle East Power 50 2013
Oil & Gas Middle East presents the fifty most influential decision makers in the regional upstream business
Industry : Energy
Job Title: CEO